Nippon India Small Cap Fund, the largest scheme in its category, will require 27 days to liquidate 50% of its portfolio and 13 days for a 25% liquidation, Nippon India Mutual Fund said on Friday (March 15).
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With a portfolio encompassing more than 200 stocks, the fund's stress test results hold significance.
Notably, the fund ceased accepting fresh lump-sum investments back in July, 2023.
This may have implications for its liquidity management strategies, experts believe.
On the other hand, Nippon India Growth Fund, one of the top 10 mid-cap schemes, will require seven days for 50% portfolio liquidation and four days for 25% liquidation, the fund house said.
Other prominent funds also shared their stress test outcomes.
For instance, Axis Small Cap Fund and DSP Small-Cap Fund disclosed that they would take 28 days and 32 days, respectively, to liquidate 50% of their portfolios.
With a size of ₹25,533.78 crore, SBI Small Cap Fund (SSCF) scheme revealed that it would require up to 60 days to liquidate 50% of its portfolio.
Additionally, it would take 30 days to liquidate 25% of its portfolio.
On the other hand, the SBI Mid Cap Fund (SMCF), standing at ₹16,467.43 crore, reported that it would need 24 days to liquidate 50% of its portfolio.
A comparison of small-cap stress test outcomes of key AMCs
A comparison of mid-cap stress test outcomes of key AMCs
ALSO READ | Mutual fund houses release small-, mid-cap stress-test reports: Should you invest basis this?
(Edited by : Shoma Bhattacharjee)
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